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The East Africa Crude Oil Pipeline (EACOP) boss has warned that youth who are reluctant to acquire hands-on skills will struggle to get employment in the near future even when they have. ....
EACOP Limited received a construction license in January, which enables the company to kick start development of the 1,443km, 24-inch diameter pipeline ....
Beneficiaries were trained in a number of vocational programmes, among which included driving, hairdressing, tailoring and garment designing , welding, building and plumbing. ....
After Standard Chartered Bank drops out of the pipeline financing consortium, China now has the casting vote, The future of the US$5 billion East African Crude Oil Pipeline looks increasingly dependent on China after Standard Chartered bank became the latest institution to walk away from financing the 1,443 kilometre pipeline that seeks to connect Uganda s oil fields near Lake Albert to Tanzania s Tanga Port. ....
East African Crude Oil Pipeline (Eacop) project finance appears to have been taken over by the Chinese as major financiers buckle under pressure from environmental opponents to abandon it. | Pulse Nigeria ....